200 pt 300 pt 400 pt 500 pt 100 pt 200 pt 300 pt 400 pt 500 pt 100 pt 200pt 300 pt 400 pt 500 pt 100 pt 200 pt 300 pt 400 pt 500 pt 100 pt 200 pt 300 pt 400 pt 500 pt 100 pt SpecializationTrade-offsBuddhism Productive Resources Interdependence

It’s the term that means concentrating on producing fewer goods and services.

specialization? What is specialization? 100 pts.

It’s the effect on production when specialization occurs.

it increases? What is it increases? 200 pts.

It’s the effect on consumption when specialization occurs.

300 pts. it increases? What is it increases?

This country, with over 1 billion citizens, specializes in producing goods much more cheaply that the U.S. can.

China? What is China? 400 pts.

Since foreign producers can specialize in creating goods more cheaply that U.S. producers, this positive interaction occurs more frequently.

trade? What is trade? 500 pts.

Along with positive consequences, trade-offs also include these.

negative consequences? What are negative consequences? 100 pts.

It’s the type of economic interaction described below: Chinese factories generate huge amounts of pollution. On the other hand, the factories produce goods that China can trade, so Chinese government allows the factories and their pollution to continue.

trade-off? What is a trade-off? 200 pts.

The Chinese government made a trade-off when they decided to build this structure. Chinese citizens living near it have to relocate, but hydroelectricity will be produced.

Three Gorges Dam? What is the Three Gorges Dam? 300 pts.

Japan made a trade-off when they decided to fill this body of water with landfills. They filled it to help ease overcrowded living conditions.

Tokyo Bay? What is Tokyo Bay? 400 pts.

This 2-word term is related to trade-offs. It means the benefit that you could have received by taking a different action.

opportunity cost? What is opportunity cost? 500 pts.

It’s what followers of Buddhism are called.

Buddhists? What are Buddhists? 100 pts.

Later known as Buddha, he was the founder of Buddhism.

Siddhartha Gautama? Who is Siddhartha Gautama? 200 pts.

This collection of writings is considered sacred by Buddhists.

Tripitaka? What is the Tripitaka? 300 pts.

Buddhists believe in a cycle of birth, life, death, and this.

rebirth? What is rebirth? 400 pts.

Buddhists believe that a person can achieve this, if he or she is able to escape materials desires and find peace.

enlightenment? What is enlightenment? 500 pts.

This type of resource, sometimes referred to as raw materials, is not distributed evenly among countries.

natural resources? What are natural resources? 100 pts.

This type of productive resources refers to the laborers.

human resources? What are human resources? 200 pts.

This is the person who takes a risk to start a business.

entrepreneur? Who is the entrepreneur? 300 pts.

This type of productive resource includes the money, machinery, and equipment needed to start a business.

capital? What is capital? 400 pts.

Despite having very few natural resources, this island nation in East Asia produces many of the electronics that we use in the U.S.

Japan? What is Japan? 500 pts.

This term means relying on each other to meet both of your needs.

interdependence? What is interdependence? 100 pts.

If you are interdependent with another country, you will do this, which means bringing good into your country.

import? What is import? 200 pts. Goods & Services

If you are interdependent with another country, you will do this, which means sending goods out of your country.

export? What is export? 300 pts. Goods & Services

This country is interdependent with Vietnam. Vietnam Export PartnersImport Partners US 21.2%, Japan 12.3%, Australia 9.4%, China 5.7%, Germany 4.5% China 17.7%, Singapore 12.9%, Taiwan 11.5%, Japan 9.8%, South Korea 8.4%, Thailand 7.3%, Malaysia 4.2%

China or Japan? What is China or Japan? 400 pts. Vietnam Export PartnersImport Partners US 21.2%, Japan 12.3%, Australia 9.4%, China 5.7%, Germany 4.5% China 17.7%, Singapore 12.9%, Taiwan 11.5%, Japan 9.8%, South Korea 8.4%, Thailand 7.3%, Malaysia 4.2%

It’s one of China’s exports that Mongolia relies on. ChinaMongolia Natural Resources coal, iron ore, petroleum, natural gas, aluminum, lead, zinc, uranium, hydropower potential (world's largest) mineral deposits, copper, coal, gold Imports oil and mineral fuels, plastics, LED screens, steel, copper machinery and equipment, fuel, cars, food products Exports machinery, electrical products, textile, steel, mobile phones copper, apparel, livestock, animal products, wool, hides, metals

machinery? What is machinery? 500 pts. ChinaMongolia Natural Resources coal, iron ore, petroleum, natural gas, aluminum, lead, zinc, uranium, hydropower potential (world's largest) mineral deposits, copper, coal, gold Imports oil and mineral fuels, plastics, LED screens, steel, copper machinery and equipment, fuel, cars, food products Exports machinery, electrical products, textile, steel, mobile phones copper, apparel, livestock, animal products, wool, hides, metals